Risk Management
Bill Jensen Comes Out of Retirement to Join Westlake
Westlake Financial Services has hired former Chase Auto Finance executive Bill Jensen to develop the lender’s strategic accounts division, the...
Personal Debt Climbs Higher in Payment Hierarchy, Execs Say
SAN DIEGO -- Auto loan payments are still a priority for consumers, but other personal debt obligations are on the...
ALD Automotive to Launch AI Chatbot
ALD Automotive will launch a chatbot using Facebook Messenger and artificial intelligence in Poland this month, following an internal innovation challenge...
BREAKING: Honda Powersports Partners With Citi for Revolving Credit Program
American Honda Motor Co., in partnership with Citi Retail Services, launched the Honda Powersports Revolving Finance Program, along with several...
Auto Delinquencies Climb, Despite Low Unemployment
Historically, there has been a “very high correlation” between auto delinquencies and the unemployment rate, yet, today unemployment is the...
Credit Acceptance Grows 72-Month Loans, as Historical Data Accumulates
Credit Acceptance Corp.’s average loan term rose in the first quarter to 54 months — the longest it’s been since...
Toyota Partners With Not-for-Profit to Help Scale Character-Based Lending
Michelle Corson, founder and chief executive of On the Road Lending, with client Ericka Griffin. (Photo by: Sutton Pictures) Toyota Motor Co., through...
Powersports Lenders Turn to Dealers as Fraudulent Loan Activity Escalates
Consumer fraud continues to rise, as evidenced by two men who were arrested this week for producing fraudulent documents to...
